Yum Sets Aside $1 Billion for Buybacks -- Update

TODAY: Nov. 21, 2014 PUB DATE: Nov. 21, 2014

By Maria Armental Yum Brands Inc. is setting aside $1 billion for possible share buybacks through May 31, 2016, the company said Thursday. Separately, the Louisville, Ky., restaurant operator that owns KFC, Pizza Hut and Taco Bell said Elane Stock ...

Russia Sugar From Beet Output Rises on Year

TODAY: Nov. 21, 2014 PUB DATE: Nov. 21, 2014

By Grigori Gerenstein Special to DOW JONES NEWSWIRES MOSCOW--The pace of Russia's sugar production from newly harvested beet is considerably higher than the last year's volumes, according to figures released Friday by Soyuzrossakhar, the national association of sugar producers. Russia ...

Asian Shares Mixed, Japan Slides

TODAY: Nov. 21, 2014 PUB DATE: Nov. 21, 2014

Investors sold stocks in Japan, with Prime Minister Shinzo Abe set to dissolve the lower house Friday in preparation for an election next month. The Nikkei Stock Average was down 0.5% at 17215.02 as the U.S. dollar held roughly flat. ...

PBOC Ready to Use Tools to Boost Liquidity

TODAY: Nov. 21, 2014 PUB DATE: Nov. 21, 2014

BEIJING--China's central bank said Friday that it is ready to use monetary instruments to boost liquidity in the country's interbank market if needed. The People's Bank of China said in a brief statement on its official Weibo microblog account that ...

Obama's Immigration Plan Seen Affecting Wages, Job Moves

TODAY: Nov. 21, 2014 PUB DATE: Nov. 21, 2014

By Damian Paletta WASHINGTON--President Barack Obama's move to offer legal-worker status to several million undocumented immigrants will send unpredictable ripples through the U.S. economy, prompting many to seek higher-paying jobs and heightening competition for positions in a number of sectors, ...

Korea Gas Seeks to Sell Part of LNG Canada Stake

TODAY: Nov. 21, 2014 PUB DATE: Nov. 21, 2014

By Chester Dawson CALGARY-- Korea Gas Corp. is seeking to sell part of its 15% stake in a Royal Dutch Shell PLC-led natural gas export terminal planned for the Pacific coast of Canada, according to a spokesperson for the project. ...

European Stocks Rally as Oil Prices Bounce

TODAY: Nov. 21, 2014 PUB DATE: Nov. 21, 2014

European shares rose Friday, helped by a rebound in oil prices that lifted energy stocks. The Stoxx Europe 600 index was 0.4% higher in early trade, recovering Thursday's losses which came after data showing a slowdown in business activity in ...

Oil Futures Edge Higher, Brent Pushes Toward $80 a Barrel

TODAY: Nov. 21, 2014 PUB DATE: Nov. 21, 2014

By Eric Yep Crude-oil futures extended overnight gains in Asian trade Friday on growing confidence that the Organization of the Petroleum Exporting Countries will take action to cut some supply at next week's meeting. On the New York Mercantile Exchange, ...

Malaysia October CPI +2.8% on Year; Below Expectation

TODAY: Nov. 21, 2014 PUB DATE: Nov. 21, 2014

By Jason Ng KUALA LUMPUR--Malaysia's consumer price index--the country's main gauge of inflation--rose 2.8% from a year earlier in October, mainly driven by an increase in the costs of transportation, utilities and food, official data issued Friday showed. The index ...

European Stocks Rally as Oil Prices Bounce

TODAY: Nov. 21, 2014 PUB DATE: Nov. 21, 2014

By Tommy Stubbington European shares rose Friday, helped by a rebound in oil prices that lifted energy stocks. The Stoxx Europe 600 index was 0.4% higher in early trade, recovering Thursday's losses which came after data showing a slowdown in ...

Modi Presses Reform for India--But Is it Enough?

TODAY: Nov. 21, 2014 PUB DATE: Nov. 20, 2014

By Raymond Zhong NEW DELHI--Indian Prime Minister Narendra Modi has been on a tear, announcing everything from a "Make in India" campaign to a purge of outdated laws and a public-cleanliness drive, all aimed at boosting economic growth. Still uncertain ...

This Season's Hottest Drama: Global FX Wars -- Barron's Asia

TODAY: Nov. 21, 2014 PUB DATE: Nov. 20, 2014

By Wayne Arnold In today's episode of "Game of Thrones: Currency Wars Unit," we turn to the unfolding drama in Ukraine. There, on the eastern border, Russian forces are reportedly massing to protect ethnic-Russian separatists from any attempt by Kiev ...

CURRENCIES: Yen Hits Fresh Lows Against Dollar, Euro

TODAY: Nov. 21, 2014 PUB DATE: Nov. 20, 2014

By Tatsuo ItoTrader: No major resistance in the run up to Yen120 The yen tumbled versus major currencies in Asia Thursday, hitting a fresh seven-year low against the dollar as investors remain keen to sell off the Japanese currency following ...

CGN Power Secures IPO Cornerstone Investors

TODAY: Nov. 21, 2014 PUB DATE: Nov. 20, 2014

By Prudence Ho And Yvonne Lee HONG KONG--China's largest nuclear firm has secured at least 15 cornerstone investors, including Singapore's sovereign-wealth fund, to take up around 40% of its US$3 billion Hong Kong initial public offering next month. CGN Power ...